Applied Materials, Inc. AMAT
today announced a plan to realign its global workforce and enhance its ability
to invest for growth. Applied will implement a voluntary retirement program
and other workforce reduction actions that are expected to affect
approximately 900 to 1,300 positions, or 6 to 9 percent of its global
workforce.
"Achieving our strategic objectives requires us to deploy our talent in the
best way possible," said Mike Splinter, chairman and CEO. "We are taking
action to realign our worldwide organization and workforce while investing in
key product development capabilities that will enhance our ability to grow."
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